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2017 (9) TMI 1094 - AT - Income TaxEligible business expenditure under section 37(1) - contribution made by the assessee to SPARSH Trust - Held that:- contribution made by assessee to this trust is an expenditure incurred wholly and exclusively for the purpose of business which is allowable u/s 37(1). Disallowance for depositing the employee’s contribution to PF and ESI beyond the prescribed limit provided in the respective Acts - Held that:- Admittedly, contribution to PF & ESI has been paid by the appellant, in all instances, before the due date of filing the return of income u/s 139(1). This fact is therefore, not in dispute. In view of the judgments of the Rajasthan High Court in the case Jaipur Vidhyut Nigam Ltd.(2014 (1) TMI 1085 - RAJASTHAN HIGH COURT) the claim of the appellant is allowable. - Decided against revenue
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